Property profile

15 Trieble Ave Milton, NY 12020

FOR LEASE
Strip malls
Property ID
US63-3697014
14,140 SF 2.55 ac lot Built 2005
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a unique opportunity for development in the thriving Ballston Spa area. Located at 15 Trieble Avenue, Milton, NY 12020, this single-tenant property offers significant potential for businesses seeking a prominent location in Saratoga County. The site boasts a generous lot size, providing ample space for construction and future expansion. Its convenient location offers easy access to major transportation routes, ensuring excellent visibility and accessibility for any commercial venture. The property is designated as commercial land, suitable for a wide range of development projects. This is an ideal opportunity for businesses looking to establish a strong presence in a rapidly growing market. The property is zoned for commercial use and is ready for immediate development. Utilities are available, and the site is relatively flat, minimizing site preparation costs. This prime location in Saratoga County offers a strong potential for return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 14,140 SF
Lot 2.55 ac (111,078 SF)
Zoning code TC
APN 414289 190.-7-1.312
UPID US63-3697014

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Restaurant
  • Foster Care Service Social Service Agency
  • Car Dealership

Location

15 Trieble Ave Milton, NY 12020
Milton metro Census 61404 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.70M
CAP Approach CAP
$3.38M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.70M

Owner & transaction history

since 2024
Last sale
$2.7M
5 recorded transactions
2024
$2.7M
2023
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

TC · Ballston Spa, NY
Top alternative use upside
Commercial (general) $1.7M +406.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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